Handbook of Hindu Economics and Business

The innovative Handbook offers 23 state-of-the-art peer-reviewed essays by leading international authorities summarizing evidence-based research on ancient and modern India. For example, Kautilya's Economics text published some 2000 years before Adam Smith is shown to include ideas in Marx's Labor Theory of Value, UN's Human Rights, optimization, etc. Hindu India topics include: beef eating, astrology, rituals, sacraments, pilgrimages, guilt-free pursuit of wealth and pleasures, caste system's huge costs and benefits in nurturing entrepreneurship, charity, Hindu Law, gender issues, overpopulation problem, yoga for business management and human capital growth. The scholarly essays provide a unique reference work for students, teachers, businessmen, India investors and general readers. The innovative Handbook offers 23 state-of-the-art peer-reviewed essays by leading international authorities summarizing evidence-based research on ancient and modern India. For example, Kautilya's Economics text published some 2000 years before Adam Smith is shown to include ideas in Marx's Labor Theory of Value, UN's Human Rights, optimization, etc. Hindu India topics beef eating, astrology, rituals, sacraments, pilgrimages, guilt-free pursuit of wealth and pleasures, caste system's huge costs and benefits in nurturing entrepreneurship, charity, Hindu Law, gender issues, overpopulation problem, yoga for business management and human capital growth. The scholarly essays provide a unique reference work for students, teachers, businessmen, India investors and general readers. Michael Szenberg, editor of The American Economist "Hindu Economics and Business Handbook is an engaging and informative survey of the economics of Hinduism. I highly recommend it. Jagdish Bhagwati of Columbia University said " interesting collection will be widely read" Prof. Panchamukhi, Former Chairman, Indian Council for Social Science Research, New Delhi and editor of Indian Journal of Economics ".. systematically arranged into different themes and chapters ...Protection and prosperity, Importance of animals, Four-fold Objectives of Life, Hindu Social Corporate form, Ayurvedic Medicines, Impact of Rituals, (etc.)...perceptive articles on the recent thoughts on development and governance ...extremely valuable reading material...the most useful addition to the literature" Prof. Rishi Raj of CCNY, president of SIAA, "...many methods and strategies ..(by).. Hindu economists are desperately needed to help solve the present day world economic crisis." Narain Kataria, President of Indian American Intellectual Forum "...review of contrasting viewpoints... This unique reference work edited by Prof. Vinod belongs not only in every public library, but also in the home of everyone interested in India, including non-Hindus and international investors." List of distinguished authors includes the likes (1) former Harvard professor and president of Janata Party, Subramanian Swamy, (2) Suresh Tendulkar, Chair, Indian Prime Minister's Economic Advisory Council, (3) Shankar Abhyankar, founder of Aditya Pratishthan, (4) Anil Bokil, founder of ArthaKranti Pratishthan, (5) Prof. R. Vaidyanathan, IIM Banglore, (6) Balbir Sihag of U. Mass. (7) M.G. Prasad of Stevens Tech. (8) M. V. Patwardhan former Fellow Institute of Bankers, London, (9) Gautam Naresh, formerly at the National Institute of Public Finance, (10) M. V. Nadkarni, founder of Journal of Social and Economic Development, (11) Prof. R. Kulkarni, IIT Bombay, (12) K. Kulkarni, editor of the Indian Journal of Economics and Business, (13) Prof. S. Kaushik, Pace University, NY, Founder of Women's College in India, (14) H. Mhaskar, von Neumann distinguished professor, Technical University, Munich, Germany, (15) Vasant Lad, founder of Ayurvedic Institute in Albuquerque, NM, (16) Yogi S. Vinod, founder MVRF, Pune, (17) S. Kalyanaraman, Director, Sarasvati Research Centre, Chennai, (18) M. and P. Joshi, founders of Gurukul Yoga Center, NJ, (19) Advocate S. Deshmukh, formerly at Citibank and president, Maharashtra Foundation, and (20) Advocate C. Vaidya, among others. Handbook of Hindu Economics and Business......Page 3 Dedication......Page 4 Preface......Page 5 Foreword......Page 12 Alphabetic List of All Contributors......Page 13 PART 1 Chapters with a Primary Focus on Ancient Hindu Texts......Page 21 Chapter 1 Economics, Business and Management in Ancient Hindu Texts......Page 22 Chapter 2 Kautilya on Prudence, Protection, and Prosperity......Page 39 Chapter 3 Socioeconomic Importance of Animals Including Cows in Hinduism......Page 53 Chapter 4 Hindu Economic Philosophy......Page 63 Chapter 5 Four-fold Objectives of Life for Individual and Societal Growth as per Hinduism......Page 78 Chapter 6 Hindu Social Corporate Form and Shreni Dharma: Cure for Greed......Page 87 Chapter 7 Ayurvedic Medicine: Ancient Hindu Wisdom......Page 108 Chapter 8 The Ahamkaara Factor in Bhaarateeya Arthashaastra......Page 122 Chapter 9 Dharma and the Growth of an Individual......Page 134 Chapter 10 Impact of Hindu Rituals, Festivals, and Pilgrimages on Socioeconomic Well-Being in India......Page 151 Chapter 11 Kautilya on Ethical Anchoring as Systemic Risk Management......Page 172 PART 2 Chapters with a Primary Focus on Recent History......Page 188 Chapter 12 India Growth: The Untold Story– Caste as Social Capital......Page 191 Chapter 13 Losses from Hindu Socioeconomic Practices......Page 202 Chapter 14 Sustainability of Hinduism and the Hindu Rate of Growth as the Global Growth Rate......Page 211 Chapter 15 Role of Hinduism in India’s Population Problem......Page 228 Chapter 16 Impact of Past Karma and Astrology Chart on Hindu Economic Life......Page 246 Chapter 17 Charity in India......Page 260 Chapter 18 Ancient Hindu Wisdom for Modern Day Management and Leadership......Page 273 Chapter 19 Yoga for Growth in Human Capital......Page 279 Chapter 20 ArthaKranti Perspective on the Indian and Global Economy......Page 294 Chapter 21 Hindutva Principle Of Economic Development......Page 324 Chapter 22 Interactions among Social, Political, and Economic Dimensions of Inequalities in India: An Interpretation......Page 345 Chapter 23 Hindu Law and Evolution of Womens’ Property Rights......Page 354 Index......Page 369